NOT LISTED FOR SALE

Estimated Value: $5,188,000 - $8,778,000

5 Beds
6 Baths
2,894 Sq Ft
$2,477/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2015

Last sale price $3,870,000 $1,337 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $43,437 / mo

183 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Rooftop Deck
  • Newport Elementary School Rated A
  • Property has ocean access
  • Primary Bedroom Suite

About This Home

As of September 2015

Oceanfront 5 bedroom, 3 bath home w/roof deck has panoramic whitewater ocean, Catalina, coastline & sunset views from most major rooms. The 1st floor has 2 large bedrooms, a bath & an oceanfront great room w/kitchen, dining & a family room w/fireplace opening to a large beachside patio w/firepit. The 2nd floor has a great room: living room w/fireplace, dining area & kitchen. The oceanfront master & the other 2 top floor bedrooms have vaulted open beam ceilings & bathrooms w/skylights. All 3 bathrooms have separate tubs & showers, double sink vanities & both heat & exhaust fans. The outside shower has hot & cold water. The versatile floor plan w/2 entrances is useful for visitor(s) or live-in(s). This home, w/no beachside boardwalk, is located in the dominantly owner occupied & quiet oceanfront area of Newport & is near the end of a 7 block long cul-de-sac like street w/no through traffic & quick access to PCH, only 5 blocks away.

Last Agent to Sell the Property

Bill Schonlau

Coldwell Banker Res. Brokerage License #01053723 Listed on: 02/04/2015

Last Buyer's Agent

Bill Schonlau

Coldwell Banker Res. Brokerage License #01053723 Listed on: 02/04/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 2,252 Sq Ft Lot
  • Beach Front
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R-2

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Workshop in Garage
  • Side by Side Parking
  • Off-Site Parking

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic

Interior Spaces

  • 2,894 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room with Fireplace
  • Recreation Room
  • Workshop

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Maid or Guest Quarters

Accessible Home Design

  • Halls are 36 inches wide or more
  • Customized Wheelchair Accessible
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Fireplace in Patio
  • Open Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Awning

Location

  • Property is near park

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04502207

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

2,252 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Zoning: R-2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04502207
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2894.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Open Floorplan, Pantry, Recessed Lighting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Parking, Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 3
  • One Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Bonus Room, Family Room, Fire Pit, Gas, Great Room, Gas Starter, Living Room, Masonry, Outside, Patio, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1337.25
  • Room Type: Bonus Room, Entry, Family Room, Galley Kitchen, Guest/Maid's Quarters, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Pantry, Recreation, Separate Family Room, Office, Workshop

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Barbecue Private, Lighting, Satellite Dish
  • View: Catalina, Coastline, Ocean, Panoramic, Pier, Water, White Water
  • Patio And Porch Features: Deck, Patio Open, Patio, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Off Site, Side by Side, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Disposal, Gas Water Heater, Range Hood, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Heating Type: Central, Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Level with Street, Paved, Park Nearby
  • Lot Size Sq Ft: 2252.00
  • Price Per Lot Square Foot: 1718.47
  • Lot Size Acres: 0.0520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2252.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1, Ocean Side of Freeway

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2015
Closed on
Aug 10, 2015
Sold by
Bought by
Seller's Agent
Bill Schonlau
Coldwell Banker Res. Brokerage
Buyer's Agent
Bill Schonlau
Coldwell Banker Res. Brokerage
List Price
$4,495,000
Sold Price
$3,870,000
Premium/Discount to List
-$625,000
-13.9%
Current Estimated Value
$7,167,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,297,216
Avg. Annual Appreciation
5.88%
Original Mortgage
$2,000,000
Outstanding Balance
$1,532,868
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,634,348

Purchase Details

Closed on
Oct 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,310,875
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,870,000 Equity Title Orange
$3,301,500 Lawyers Title Company
-- Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,000,000
Previous Owner $2,310,875
Previous Owner $965,000
Closed $165,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/10/2015 09/10/15 Sold $3,870,000 -3.3% $1,337 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/30/2015 07/30/15 Price Changed $4,000,000 -2.4% $1,382 / Sq Ft
06/22/2015 06/22/15 Price Changed $4,100,000 -2.4% $1,417 / Sq Ft
05/18/2015 05/18/15 Price Changed $4,199,999 -2.3% $1,451 / Sq Ft
04/16/2015 04/16/15 Price Changed $4,300,000 -2.2% $1,486 / Sq Ft
03/10/2015 03/10/15 Price Changed $4,395,000 -2.2% $1,519 / Sq Ft
02/04/2015 02/04/15 For Sale $4,495,000 -- $1,553 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $56,693 $5,457,669 $4,304,909 $1,152,760
2024 $56,693 $5,350,656 $4,220,499 $1,130,157
2023 $55,371 $5,245,742 $4,137,744 $1,107,998
2022 $51,931 $4,902,446 $4,056,612 $845,834
2021 $50,119 $4,728,924 $3,977,071 $751,853
2020 $45,731 $4,309,289 $3,936,292 $372,997
2019 $40,932 $3,859,110 $3,859,110 $0
2018 $43,348 $4,026,348 $3,783,442 $242,906
2017 $42,734 $3,947,400 $3,709,256 $238,144
2016 $41,795 $3,870,000 $3,636,525 $233,475
2015 $41,489 $3,825,924 $3,517,278 $308,646
2014 $40,521 $3,750,980 $3,448,379 $302,601
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15023989

California Regional Multiple Listing Service (CRMLS)

APN: 045-022-07

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